A Durham-based company that invests in companies has raised $105,000, according to a filing Monday with the Securities and Exchange Commission.

Idea Fund Partners has raised the full $105,000 from six investors in equity, pooled investment fund interests, and series 2 interest.

The form was signed by Lister Delgado and John Cambier, both managing partners of Idea Fund Partners

The company, formed in 2016, is categorized as a pooled investment fund, specifically a venture capital fund.

Idea Fund Partners invests in early stage companies, specifically those up to $5 million in revenue. The company looks for great management in a company with potential for leadership through the use of new technology or business models.

The company typically invests in technology companies headquartered in North Carolina and Florida, as well as within the Southeast. They are specifically focused on investing in new information technology infrastructure, materials technologies, medical devices and diagnostics and software firms.

Some of the company’s investments include Spiffy, CloudTags, Automated Insights and Switchboard. The full listing is here.

This is a new notice with the first date of sale on May 26, 2016.

None of the money will go toward executive salary, and the offering is not being made in conjunction with a business combination transaction. There is no minimum investment accepted from any outside investor.

The company claimed a Rule 506 (b) exemption for the filing. Companies relying on the Rule 506 exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.

The company also claimed exemptions for Investment Company Act Section 3(c) and Section 3(c)(1), which means that a fund may not be beneficially owned by more than 100 shareholders.